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20121202
20121210
STATION
CNBC 2
LANGUAGE
Search Results 0 to 1 of about 2
CNBC
Dec 5, 2012 4:00am EST
into education, into science, into infrastructure as well and he'll be talking about the infrastructure initiatives including more must be for small to medium size businesses, more money for power stations as well. but it really looks like he's got very little room for maneuver. the opposition, he'll get that and say this is your fault, these are your policies. mr. osbourne will turn around and say look what's turning around you. look what's going on in the financial sector. look what's going on in the eurozone as well where unemployment is actually on the surface much worse than it is in the united kingdom. so it's going to be the usual ding dong battle of theatre. but i doubt we'll see many new initiatives that haven't been leaked already, ross. >> yeah, you only have to read the papers today and everything seems to be in there. i think you've done a very good two and a half-minute analysis of everything we might get. well-done. we'll come back to you later. get a cup of coffee, stay warm. julian joins us with his own thoughts. steve got into all the details. he's laid it all out for
CNBC
Dec 6, 2012 4:00am EST
. >> i think you see two sorts of measures. big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have one of the lowest corporation tax rates of any major economy in the world. we've just cut it so that it will be 21%, much lower than our competitors. and we've also greatly increased the allowances for small and medium sized firms so they can invest and expand. so where we've been able to help businesses, we've absolutely done that, and we've had very positive reaction from the business community. >> how concerned are you about the aaa rating and the risk that we continue to drift, still need to cut more and boost growth? >> well, we've got to go on commanding the confidence of the world that we can deal with our debts. that is reflected in the very, very low interest rates that we get at the moment for gilts. and of course that's the test, how much are investors will to go pay for our money f debt. and it scheme that failed to solve the problem and funding for lending hasn't delivered yet. we thought we would get more details about
Search Results 0 to 1 of about 2